- CBDT has decided to install cheque deposit machines at Ayakar Seva Kendras (ASKs) and launch a modified website to assist assesses to ascertain their tax liability.
- No infringement of copyright on photocopy of copyrighted study material for educational activities [The University of Oxford & Ors. Vs. Rameshwari Photocopy Services & Anr. (Delhi HC).
- PAN validation with CBDT systems is temporarily unavailable so will not be able to file DIR-3 form or perform ‘Associate DSC with PAN’ on MCA portal until the PAN validation interface is restored.
- Delhi HC has quashed Rule 3 of the Delhi Luxury Tax Rules which provided for levy of luxury tax on 60% of the bill amount charged by Banquet halls as ultra vires the Act as VAT is charged on the consolidated amount. Henceforth, Luxury Tax on banquets is no loner leviable where VAT is paid on the entire consolidated charges.
COMMITTED FOR THE GROWTH OF BUDDING PROFESSIONALS
Tuesday 8 November 2016
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